Articles

We have the pleasure to invite you to join us during the forthcoming third edition of the Freedom Games forum to be held in Lodz (Poland) on October 20-22, 2016. The leading topic of the 2016 edition of the forum is the Clash of Cultures and its various dimensions.

The past two weeks were characterized predominantly by discussions over the hacking of Bitcoin exchange BitFinex. Other noteworthy news streamed mainly from Zimbabwe, the U.S., Isle of Man, China, and customarily from Russia.

On September 15, 2016 the Lithuanian Free Market Institute (LFMI) in partnership with Timbro and  the Institute of International Relations and Political Sciences of Vilnius University will hold a discussion “Authoritarian Populism in Europe: The Resurgence of Parties and Ideologies”. 

More than half Lithuan.ian schools started the new school year with a different – innovative – approach towards teaching of economics. Published last year, Economics in 31 Hours has already reached almost 54 per cent of 9th and 10th grade students country

The Economic Freedom of the World study gives all nations a very useful tool to see in which areas their countries\' economies have weak spots, why investors are not attracted to what they offer and why individuals avoid hard work.

Although Mateusz Morawiecki (Deputy Prime Minister and Minister of Development) often says that his plan would be based on the idea of both governmental and private saving and investing, the programme itself shows quite the opposite: the government just wants to spend money immediately on certain investments and branches.

Economic slowdowns are always challenging for the state authorities. Expenditure cuts and search for new sources of income often lead to imperfect policy changes. In 2012, KGHM became a victim of a government’s hunt. As a result, the company was forced to pay a new silver and copper extraction tax.

Taking a loan in a foreign currency puts both borrowers and banks at risk. At the time of signing the contract, both providers and takers neglected the possible weakening of Polish zloty, believing in its further strengthening. Besides the fact that one can easily learn about it from various sources, the majority of borrowers knew that such a danger exists.

Hungarian Prime Minister Viktor Orbán’s government has issued a referendum, often referred to as a \'quota referendum\', on the mandatory resettlement of migrants, and is urging people to vote ‘No’non October 2. According to the survey conducted by the Republikon Institute, the quota referendum could be valid.

France is facing yet another challenge. The European Commission clearly stated that a restrictive regulatory approach that they have implemented must be avoided. A difficult road is ahead for the French government as it will have to admit that the country’s licensing practices are laughably outdated and have to be removed.